Industry News – November 18, 2020

LISC Announces Up to $150 Million in ‘AA-‘ Impact Notes to Finance Economic Opportunity in Underserved U.S. Communities The Local Initiatives Support Corporation (LISC) is issuing up to $150 million of Standard & Poor’s (S&P)...

Industry News – November 12, 2020

Judge Orders the Release of Data on Emergency Loans for Small Businesses After a monthslong legal fight over the transparency of one of the federal government’s largest coronavirus relief programs, a judge in Washington required the disclosure of data on thousands of...

Industry News – November 4, 2020

Female Small-Business Owners Face Extra Hurdles During Pandemic Shutdowns Women who run small businesses face a unique set of stressors as the pandemic threatens the viability of their companies. “Women are disproportionately owners of foot-traffic-based companies,”...

Industry News – October 28, 2020

Millions of Small Businesses Await Guidance on PPP Loan Forgiveness Time is running out for millions of small business owners on Main Street as they await clarity on how to receive forgiveness on the $525 billion in PPP loans they received under the CARES Act. Among...

Industry News – October 21, 2020

Saving Main Street From Its Downward Pandemic Spiral In a recent PYMNTS study, more than two-thirds of consumers say that saving Main Street is a key priority for the shops themselves, and for the health of their local communities. More Main Street businesses say they...

Industry News – October 14, 2020

SBA Offers Total Forgiveness for Loans of $50,000 or Less Business owners who borrowed $50,000 or less through the Small Business Administration’s emergency loan program learned last week that their debts are forgiven entirely — provided they file the right paperwork....